Christina Romer Calls For More Spending

For once, there was some economy related news that was NOT unexpected. Well gee! It worked so well the first time.

In a farewell speech, outgoing White House economic adviser Christina Romer touted the success of the stimulus package Wednesday and urged lawmakers not to shy away from more deficit spending to keep the momentum going.

The only “surefire” way to boost demand, she said, is to “spend more and tax less.”

That assessment, though, clashes with the claims of congressional Republicans who say dismal economic news of late underscores how ineffective the stimulus has been — and the need to change course.

Read more: http://dailycaller.com/2010/09/02/romer-calls-for-washington-to-spend-more-and-tax-less-in-farewell-speech/#ixzz0yNOpwimp